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Retail & FMCG

Diverta opens new store in Constanta, reaching network of 27 stores

Retail & FMCG March 13, 2017 13:18 0 comments

The retail network Diverta will open the first store from this year, within City Park from Constanta, reaching 27 stores at national level. The launch will take place on March 15. The store has a…more »

Carrefour network reaches 298 units in Romania at end-2016

Retail & FMCG March 10, 2017 15:24 0 comments

The French retailer Carrefour reached a network of 298 stores in Romania at the end of 2016, according to a company report. At the end of 2015 the group recorded 192 stores in Romania, out…more »

Matteo Patrone EBRD

EBRD invests EUR 25 mln in Profi

Retail & FMCG March 10, 2017 09:45 0 comments

The European Bank for Reconstruction and Development (EBRD) will provide EUR 25 million in equity investment to Romanian retail chain Profi, which was taken over by Mid Europa Partners private equity fund last year. The…more »

Key move. Romeo Cucu appointed as new financial director of Elefant Online

Retail & FMCG March 09, 2017 11:09 0 comments

The shareholders of Elefant Online appointed Romeo Cucu as new financial director, replacing Alexandru Namasco, who resigned from this position. Previously, Cucu was the financial director of the toys stores chain Noriel. The online retailer…more »

Key move. Coca-Cola Romania appoints new marketing director

Retail & FMCG March 08, 2017 14:32 0 comments

Miruna Smeureanu is the new marketing director of Coca-Cola Romania & Moldova starting this March. She is replacing Nicoleta Eftimiu who after 19 years the company has been promoted to franchise country manager. Smeureanu has…more »

"supermarket shelf"

Turnover in Romanian retail sector up by 6.4 pct in January, says INS

Retail & FMCG March 03, 2017 16:02 0 comments

The turnover in the retail secto  went up by 6.4 percent in January, compared to the same month of last year, but went down by 24.9 percent compared with December, says the National Institute of…more »

Adrian Pascu to be appointed as the new commercial vice-president of Danone Russia

Retail & FMCG March 03, 2017 15:41 0 comments

Starting March 6, Adrian Pascu will be the new commercial vice-president of Danone Russia, dairy division. He is currently general director of Danone Romania, Bulgaria and Adriatic Countries. In his new role, Pascu will coordinate…more »

Fashion House Outlet Center Bucharest posts 2.24 pct growth in retail sales in 2016

Retail & FMCG March 01, 2017 14:38 0 comments

Fashion House Group, part of Liebrecht & wooD Group, said it closed 2016 with a conversion rate of 69 percent, up 18.35 percent compared to the previous year. Retail sales and the average transaction value…more »

Romanians like to shop, but 35 pct of them feel more time pressure compared to other Europeans

Retail & FMCG February 24, 2017 15:26 0 comments

Eastern Europeans like to shop, especially Romanians, with nine out of ten shoppers agree with this statement, according to study by GfK. In the Czech Republic, Slovakia and Austria, seven in ten respondents consider shopping…more »

BR Awards Gala 2017: Let’s meet the finalists for the Excellence in Business award |The story of last year’s winner

Events February 24, 2017 13:11 0 comments

As the 12th edition of Business Review Awards Gala, BR magazine’s flagship event that recognizes the outstanding achievements of the business community, will take place on February 27, we want to put the spotlight on…more »